A motorist is stadning near a parking meter and has the need for several quarter

Question

A motorist is stadning near a parking meter and has the need for several quarters. but he only has dollar bills.
If he ends up buying two quarts from someone who passes by in exchange for a dollar bill then which of the
following is true.

a) stranded motorist must not understand that four quarters is worth $1.00
b) economic theory is unable to explain irrational transaction
c) the economizing theory indicates that only one part really gained from this exchange
d) the pass by person was made better off and the motorist worse off
e) clearly both parties gained from exchange

Explanation / Answer

d) the pass by person was made better off and the motorist worse off

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